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Paragon buys Premier Asset Finance
FTSE 250 lender Paragon Group of Companies has acquired asset finance brokerage Premier Asset Finance through Paragon Bank' asset finance division, Paragon Bank Asset Finance Limited, for an initial consideration of £8. 5m in cash.
AstraZeneca signs drug deal with Allergan
AstraZeneca’s global biologics research and development arm MedImmune has entered into a licensing agreement with Allergan for the global rights to MEDI2070, which is currently in a Phase IIb clinical trial for moderate-to-severe Crohn's disease and ready for Phase II for ulcerative colitis.
National Grid given permission to raise prices in Massachussetts
For the first time since 2010, the US state of Massachussetts has given National Grid the 'green light' to raise its prices for 1. 3m electricity distribution customers.
London pre-open: Stocks seen a little firmer; Brexit in focus
London stocks were set to open a little firmer on Monday, taking their cue from a positive Asian session, although the pound was under pressure as Prime Minister Theresa May said Article 50 would be triggered by March 2017.
Intertek makes IoT acquisition, Henderson agrees merger
London open The FTSE 100 is expected to have a flat start on Monday, following on from a negative finish last week.
Monday newspaper round-up: 2019 Brexit, Hammond preview, Deutsche Bank, Tesco
Theresa May has set Britain on course to leave the EU by 2019 in her first major speech on Brexit, saying that the UK would become a “fully independent, sovereign” country in the clearest sign yet that she wants a clean break from Europe’s single market. The prime minister told cheering Conservative supporters at the Tory party’s annual conference that Britain would insist on taking full control of immigration and refuse to accept the jurisdiction of the European Court of Justice.
Ryder Cup: Americans dominate on final day to clinch silverware
A dominating final-day singles performance on Sunday saw the United States win the Ryder Cup for the first time since 2008, outgunning Europe 17-11 at Hazeltine.